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Showing posts from January, 2020

New Year, New Salesperson

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Are you sticking to your business New Yearā€™s resolutions? Or should I back up and ask if you even made any resolutions in your business? I recently read that about 72.4 million Americans (18 and older) were planning to make resolutions for 2020.  Here are the top five resolutions: 1. Exercise more 2. Lose Weight 3. Save money or at least spend less of it 4. Learn a new skill or hobby 5. Quit smoking Notice how none of these are business-related? Sure, you might want to save money if you are one of the top dogs at your organization, but most salespeople arenā€™t as concerned. While you likely set goals for the year, goals are different than resolutions. Goals are measurable and come with a timeline.  Things that might fall under goals include: 1. Monthly/Quarterly sales numbers 2. Number of weekly sales calls 3. Number of new customers obtained 4. Percentage of Gross margin achieved 5. Number of vacation days scheduled I bet I surprised you with that last o...

Distributor Marketing Activities

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Over the past year, I have been called to assist distributors and their supply partners in developing new and innovative marketing plans. I laid out a few of these plans last year in an article for Industrial Supply Magazine called Itā€™s time to rethink Joint Marketing Plans. It seems at least a few others are thinking about distributor marketing as well. Rivet/MRO, a blog site sponsored by an organization providing software to track co-op funds, piggybacked my article and said this, ā€œThe fact is, most independent distributors have limited marketing expertiseā€¦ā€ They go on to provide additional information on how and why distributors spend money on logoed promotional items and how-to better use co-op funds in general. You can read it here .  Just as implied by my Industrial Supply article, it is time for distributor marketing to move forward - first, move into a position of strategic thinking and second, improve to become a tool whose effectiveness can be meas...